Vanguard launches new ESG equity funds

Vanguard has launched two new ESG equity index funds.

The Vanguard ESG Developed World All Cap Equity Index Fund and the Vanguard ESG Emerging Markets All Cap Equity Index Fund track benchmarks from the FTSE Global Choice index family. The indexes screen out companies that are involved in non-renewable energy, weapons, alcohol, tobacco, gambling and adult entertainment. Companies that do not meet the UN Global Compact Principles on labour rights, human rights, the environment and anti-corruption are also removed.